Market Watch - 24 Sept. 2021

Since last week, New Listings and Properties Under Contract have decreased while Pending properties increased and Sold properties were flat.

The inversion is more pronounced this week with 476 more properties leaving the market than entering. The continued buying spree is fueled by near historic low interest rates and a realization that there’s a long-term housing shortage and home prices will increase.

The Lease Market reduced New Listings again while Pending and Leased properties were flat. The Lease Market remains inverted.

Y’all should visit one of my Open Houses! No appointment necessary. I’ve got great handouts, and we can talk about what’s happening in the market in person. Those cookies won’t eat themselves!

I’ve Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
214-862-7212
DFWmark.com
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